Soros Goes Ambulance-Chasing

Billionaire investor George Soros is now investing in America’s controversial personal-injury lawsuits market, Bloomberg reports.

Soros Fund Management has begun offering investment portfolios out of lawsuits. The billionaire’s hedge fund is bankrolling a company called Mighty Group, which gives cash advances to plaintiffs in return for future settlements.

Mighty Group gives $2,000 on average for legal claims typically tied to car and construction accidents, in exchange for a cut from a settl...